Arthur Hayes Buys Another $1.25M in Ethereum, Eight-Day Total Reaches 3,270 ETH

BitMEX co-founder Arthur Hayes expanded his Ethereum position with a fresh purchase of 644.34 ETH, spending about $1.25 million in the latest transaction. The buy extends a series of acquisitions made over the past eight days.

Over the past eight days, Hayes purchased 3,270 ETH for approximately $6.27 million, paying an average of about $1,917 per token.

The latest purchase comes as Ethereum continues to trade above the $1,900 level. At the time of writing, ETH was changing hands at approximately $1,924, representing a 2% gain over the past week.

Source: Lookonchain